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An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of Elora Ontario. Year round income with a proven cap rate with even more room to grow the bottom line. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario's most desirable small towns. Come see why Elora is the answer. (id:58753)
Cross the bridge on Metcalfe St and turn right on Mill St. Property is on the right.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 60 Riverside Drive W, Elmira ON N3B 1R8 | 2 | 1 | May 11, 2026 | $499,900 |
| 346 Finoro Crescent, Elmira ON N3B 1N3 | 3 | 3 | Jun 01, 2026 | $649,900 |
Discover key demographics, population statistics, and environmental insights for the Elora, ON area.
82/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
45/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 23/100.
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0 bds • 4 ba • 4,510 sqft
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Source: Realty.com
13 E MILL Street E, Elora, ON N0B1S0 in 54 - Elora/Salem, Elora, ON N0B1S0 is a mixed use listed at $2,299,000. Highlights include 4,510 sq. ft., $510 per sq. ft.. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 42 photos of 13 E MILL Street E.
The full address for this home is 13 E MILL Street E, Elora, ON N0B1S0.
13 E MILL Street E has been listed on Realty.com since Sun April 12, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 23/100.
Listing provided courtesy of:
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Listing agent:
Jim Bowman
This content last refreshed on 2026-06-06 16:44:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.